Navigate Wealth Management LLC Acquires 6,581 Shares of International Business Machines Corporation $IBM

Navigate Wealth Management LLC bought a new position in shares of International Business Machines Corporation (NYSE:IBM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,581 shares of the technology company’s stock, valued at approximately $1,495,000. International Business Machines accounts for 0.9% of Navigate Wealth Management LLC’s holdings, making the stock its 25th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Citizens Bank & Trust Co. increased its position in shares of International Business Machines by 40.3% in the third quarter. First Citizens Bank & Trust Co. now owns 30,151 shares of the technology company’s stock worth $6,631,000 after acquiring an additional 8,658 shares in the last quarter. Focus Financial Network Inc. boosted its holdings in International Business Machines by 1.2% in the third quarter. Focus Financial Network Inc. now owns 6,939 shares of the technology company’s stock valued at $1,526,000 after purchasing an additional 85 shares during the last quarter. Define Financial LLC increased its holdings in International Business Machines by 12.3% during the 3rd quarter. Define Financial LLC now owns 1,122 shares of the technology company’s stock worth $247,000 after purchasing an additional 123 shares during the last quarter. Signal Advisors Wealth LLC raised its position in shares of International Business Machines by 4.7% in the 3rd quarter. Signal Advisors Wealth LLC now owns 9,896 shares of the technology company’s stock valued at $2,176,000 after purchasing an additional 446 shares in the last quarter. Finally, Krilogy Financial LLC raised its position in shares of International Business Machines by 27.1% in the 3rd quarter. Krilogy Financial LLC now owns 9,856 shares of the technology company’s stock valued at $2,238,000 after purchasing an additional 2,104 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Performance

International Business Machines stock traded down $1.84 during mid-day trading on Wednesday, reaching $228.94. The company’s stock had a trading volume of 1,769,511 shares, compared to its average volume of 7,472,519. The firm has a market cap of $215.69 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 2.16 and a beta of 0.73. The business has a 50 day moving average price of $232.22 and a 200-day moving average price of $243.77. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting the consensus estimate of $2.93. The firm had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.80 earnings per share. Sell-side analysts predict that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were issued a $1.69 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 3.0%. International Business Machines’s payout ratio is 59.98%.

International Business Machines News Summary

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: RBC maintained an Outperform rating and set a $270 price target, implying substantial potential upside from current levels. RBC IBM analyst rating
• Positive Sentiment: IBM and Siemens announced research collaboration to advance IBM’s nanostack transistor architecture, potentially strengthening IBM’s position in next-generation semiconductor design and manufacturing. IBM and Siemens nanostack collaboration
• Positive Sentiment: IBM continues to advance its quantum-computing efforts and has reportedly reached Stage C of DARPA’s Quantum Benchmarking Initiative, supporting the company’s long-term AI and quantum technology narrative. DARPA quantum computing stocks
• Positive Sentiment: IBM’s participation in discussions on agentic AI, network security and cyber resilience highlights potential demand for its software and consulting offerings as telecommunications companies adopt AI. Agentic AI and network security

Insider Activity at International Business Machines

In related news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the sale, the senior vice president owned 47,800 shares of the company’s stock, valued at $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.27% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on IBM shares. Stifel Nicolaus cut their price target on shares of International Business Machines from $290.00 to $235.00 and set a “buy” rating on the stock in a report on Monday, July 20th. Robert W. Baird started coverage on shares of International Business Machines in a report on Tuesday, July 21st. They set a “neutral” rating and a $230.00 price objective for the company. Piper Sandler raised shares of International Business Machines to an “overweight” rating in a report on Tuesday, June 23rd. UBS Group reissued a “neutral” rating on shares of International Business Machines in a research report on Tuesday. Finally, Oppenheimer lowered shares of International Business Machines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $252.96.

International Business Machines Company Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.